Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
To increase product development time
B
To confirm customer needs before investing in product development
C
To reduce customer feedback
D
To eliminate the need for a business model
Understanding the Answer
Let's break down why this is correct
Answer
Market validation lets a startup quickly test whether customers actually want the product, so the team can avoid building something nobody will buy. By surveying a small group or launching a minimal version, the founders learn real user needs and price points before investing heavily. This early feedback prevents costly mistakes, saves time, and keeps resources focused on ideas that have proven demand. For example, a coffee‑shop app that tests a prototype with a handful of users can discover that people prefer a subscription model, saving the company from launching an unpopular one‑time purchase system. Thus, the main advantage is that it reduces risk by confirming market fit early.
Detailed Explanation
Market validation lets you test if people really want your product before you spend time and money building it. Other options are incorrect because Some think validation slows things down, but it actually speeds up the process; Validation is about gathering more feedback, not less.
Key Concepts
market validation
Topic
Performance Impact of Lean Startup
Difficulty
easy level question
Cognitive Level
understand
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